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1311-1317 Jasmine St 4 Unit Apartment Building $1,250,000 ($312,500/Unit) 5.20% Cap Rate Denver, CO 80220

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INVESTMENT HIGHLIGHTS

  • Recently Renovated Units with New Roof (2024)
  • Units are Separately Deeded
  • Detached Three-Car Garage and Off-Street Parking
  • Fantastic Montclair Location

EXECUTIVE SUMMARY

Don’t miss this rare opportunity to acquire a meticulously maintained four-unit multifamily property located in the heart of Denver, Colorado. Built in 1952, this charming brick building combines timeless character with thoughtful modern updates, offering an attractive investment for both seasoned and first-time multifamily investors. Each of the four spacious units— consisting of a mix of one- and two-bedroom floorplans—has been carefully designed to maximize comfort, functionality, and natural light. Large, expansive windows flood each apartment with sunlight, creating a warm and inviting atmosphere throughout. Residents will appreciate the well appointed kitchens, equipped with modern appliances and conveniences, as well as in-unit washers and dryers—a highly desirable feature for today’s renters. The interiors also feature generous living areas and abundant closet space, offering tenants a practical and enjoyable living experience. Outside, a beautifully landscaped yard provides a tranquil retreat in an urban setting, perfect for relaxing or socializing. Additional amenities include a detached garage and off-street parking—valuable assets in a vibrant and growing city like Denver. Situated on a generous lot and ideally located near retail and neighborhood amenities, the property offers residents walkable access to local restaurants, grocery stores, shopping destinations, and essential services. This ideal blend of residential tranquility and urban convenience makes the property highly attractive to tenants and offers long-term rental stability. Whether you’re seeking stable cash flow or a value-add investment opportunity with upside potential, this well-maintained multifamily asset checks all the boxes. With its prime location, solid construction, and desirable tenant features, this is an exceptional opportunity in Denver’s competitive multifamily market.

PROPERTY FACTS

Price $1,250,000
Price Per Unit $312,500
Sale Type Investment
Cap Rate 5.20%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 3,265 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1952/2016

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 3 - -
1+1 1 - -
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35877618

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 1311-1317 Jasmine St, Denver, CO 80220

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